Kingdom of Saudi Arabia
Riyadh Chamber of Commerce & Industry
General Directorate of Finance & Procurement — Contracts & Procurement Department
- Certificate no.
- 17
- Date
- 2026-04-02
- Hijri
- 14 Shawwal 1447 AH
- Reference
- PAY-2024-005-17
Interim payment certificate no. (17)
For the work of March 2026
- Contract number
- RC/2024/005
- Supplier-portal reference
- 2401360069
- Contract
- Engineering supervision — current HQ rehabilitation
- Contractor
- Ma’alem International Project Management
- Contractor VAT number
- 340304288130003
- Project
- Converting the Current Headquarters into a Member Services Centre & Committee Rooms
- Contract period
- 2024-02-01 — 2027-03-31
- Original contract value
- 730,000
- Current contract value
- 730,000
- Linked milestone
- Supervision to substantial completion · MS-G5 Final handover
Certificate summary (SAR)
| 1 | Total value of work completed to date | 467,000 |
| 2 | Less: previous certificates | (444,000) |
| 3 | Value of work in this certificate | 23,000 |
| 4 | Less: retention (5%) | (1,150) |
| 5 | Less: advance payment recovery (0%) | 0 |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (1,150) |
| 8 | Net before VAT | 21,850 |
| 9 | Add: value added tax (15%) | 3,278 |
| 10 | Net amount payable to the contractor | 25,128 |
Amount in words: Twenty-five thousand one hundred twenty-eight Saudi riyals only
Retention held up to this certificate: SAR 23.4K — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Resident engineering staff | 452,600 | 277,050 | 14,350 | 291,400 | 64% |
| Visiting specialists | 131,400 | 79,900 | 4,150 | 84,050 | 64% |
| Laboratory & testing | 87,600 | 47,800 | 2,650 | 50,450 | 58% |
| Reporting & technical office | 58,400 | 39,250 | 1,850 | 41,100 | 70% |
| Total | 730,000 | 444,000 | 23,000 | 467,000 | 64% |
Amounts in Saudi riyals.
Signatures and approvals
Contractor’s representative
Eng. James Harlow
Harlow2026-04-02
Supervising engineer
Haifa S. Al-Ruwaili
Al-Ruwaili2026-04-04
Project manager
Eng. Waleed O. Al-Juhani
Al-Juhani2026-04-07
Finance & contracts
Khalid N. Al-Mutairi
Al-Mutairi2026-04-10
Final approver
Munirah A. Al-Khalidi
Al-Khalidi2026-04-13